. >> european markets and levyiing a tax... they did not want to bail out and the european nations but it is no we were at 10 straight days of a record high. many reasons that this happened is because it wa on down 5 1/2% for however, it looked like it was getting back to normal. >> what is interesting about cyprus is that it is a bit of an analogy like the cayman islands. where there are a lot of money invested offshore? was there any tax consequences? >> they have a bank holiday today. seousometimes they will lose confidence and not be able to get their money overseas. >> what about ope housing in the bay area are here today? >> yes this report released from data quick what i think that could derail the stock market's is possibly interest rates. i would see them to say that it would be a good thing for the bull market for the cyprus money situation. >> keeping interest rates low. >> and there are no right answers there is a plus and minus. we are going to come back with robert black at 9:15 and 6:48. erica? >> good morning. l